About us
Tapaas — The Intelligence Layer
for FX & CFD Broker Operations
Tapaas is a fintech company focused on building real-time trading analytics and risk intelligence infrastructure for FX and CFD brokers. We build the systems that give brokers complete operational visibility, replacing delayed, fragmented reporting with continuous, structured intelligence.
Broker-focused solutions
High-performance infrastructure
Real-time analytics platform
A Fintech Company Built Exclusively for Broker Operations
Tapaas develops high-performance analytics and risk intelligence software designed specifically for the operational realities of FX and CFD brokerage.
We are not a general financial technology provider, every product and feature we build targets the specific challenges that broker risk, dealing desk, and operations teams face daily.
​
Our platform, Tapaas Alpha, is the product of that focus: a purpose-built intelligence layer that connects to broker infrastructure, processes data in real time, and delivers the structured insights that drive better decisions.
Who We Are
1082 mil.
avg. quotes/day
26.65 mil.
avg. trades/day
10+
years serving the retail FX/CFD market
$6.4 trillion
avg. traded vol/month
Enable real-time decision-making
OUR MISSION
Tapaas exists to give FX and CFD brokers the real-time intelligence they need to operate with clarity, control, and confidence. We believe broker operations should be driven by live data, not delayed reports, and that every risk decision, execution choice, and profitability review should be grounded in accurate, current information.
Our focus is narrowly defined: build the best real-time analytics and risk intelligence infrastructure available to FX and CFD brokers, and make it accessible to brokerages of every size.
Eliminate delays in reporting
Improve operational efficiency
What We Solve
The Operational Challenges We Built Tapaas to Solve
FX and CFD brokers face a consistent set of operational problems that limit performance, increase risk exposure, and reduce profitability. These are the specific challenges Tapaas was designed to address.
1
Problem:
Fragmented data across systems
The Problem It Solves:
Brokers lack real-time visibility to make informed routing decisions
How Tapaas Solves It:
Tapaas ingests and unifies data from all connected systems into a single real-time environment
2
Problem:
Delayed exposure visibility
The Problem It Solves:
Batch-processed or end-of-day reporting creates windows where risk builds undetected
How Tapaas Solves It:
Continuous real-time exposure monitoring eliminates batch delays entirely
3
Problem:
Toxic trader detection failures
The Problem It Solves:
Client behaviour analysis is typically reactive, conducted after problematic flow has already impacted the book
How Tapaas Solves It:
Real-time trader profiling flags behavioural anomalies before they generate significant exposure
4
Problem:
Execution quality gaps
The Problem It Solves:
Slippage and LP underperformance are identified slowly through manual review cycles
How Tapaas Solves It:
Automated slippage monitoring and LP performance comparison surfaces execution issues immediately
5
Problem:
Reconciliation discrepancies
The Problem It Solves:
Cross-system data inconsistencies accumulate between reconciliation cycles, complicating reporting and compliance
How Tapaas Solves It:
Cross-system data comparison runs continuously, surfacing discrepancies as they occur
What Defines Tapaas
Broker-exclusive focus
What That Means in Practice:
Every feature, integration, and data model is designed around how FX/CFD brokers operate — not adapted from general analytics tools.
Real-time architecture
What That Means in Practice:
The platform is built to process and surface data continuously, without batch delays that make information obsolete by the time it is seen.
Actionable intelligence output
What That Means in Practice:
Raw data becomes structured, decision-ready insight — not dashboards that describe the past, but intelligence that enables action in the present.
Tapaas was established in 2014 by David Hall and Tom Vasak. David Hall is an entrepreneur, angel investor and technologist, who has successfully delivered technology solutions to businesses primarily in financial markets to solve complex business problems with cool technology.
Tom Vasak is recognised as a transformational visionary who brings an expert level of knowledge in capital markets business and technology domains, delivering ground-breaking solutions across various verticals including financial markets.
Having worked together over many successful projects with several of the major investment institutions in Australia they came together over a shared concept that inspired them to leave their traditional careers and join forces to launch Tapaas.
Having a clear understanding of the issues facing brokers in the FX retail market they quickly set about building out their platform to make the powerful technologies of Wall Street accessible to Retail FX Brokers.
The Operational Challenges We Built Tapaas to Solve
FX and CFD brokers face a consistent set of operational problems that limit performance, increase risk exposure, and reduce profitability. These are the specific challenges Tapaas was designed to address.
1
Problem:
Fragmented data across systems
Why It Exists:
Trading platforms, bridges, and LPs each produce their own data with no native consolidation layer.
How Tapaas Solves It:
Tapaas ingests and unifies data from all connected systems into a single real-time environment.
2
Problem:
Delayed exposure visibility
Why It Exists:
Batch-processed or end-of-day reporting creates windows where risk builds undetected.
How Tapaas Solves It:
Continuous real-time exposure monitoring eliminates batch delays entirely.
3
Problem:
Toxic trader detection failures
Why It Exists:
Client behaviour analysis is typically reactive, conducted after problematic flow has already impacted the book.
How Tapaas Solves It:
Real-time trader profiling flags behavioural anomalies before they generate significant exposure.
4
Problem:
Execution quality gaps
Why It Exists:
Slippage and LP underperformance are identified slowly through manual review cycles.
How Tapaas Solves It:
Automated slippage monitoring and LP performance comparison surfaces execution issues immediately.
5
Problem:
Reconciliation discrepancies
Why It Exists:
Cross-system data inconsistencies accumulate between reconciliation cycles, complicating reporting and compliance.
How Tapaas Solves It:
Cross-system data comparison runs continuously, surfacing discrepancies as they occur.
Leaders
Meet the team
Dr. Tom Vasak
FOUNDER
Jonathan Squires
CEO
Daniel Johnsun
CTO
.jpg)
Andria Orphanidou
COO
Tapaas builds real-time trading analytics and risk intelligence software for FX and CFD brokers. Its core product, Tapaas Alpha, consolidates data from a broker's trading platforms, bridges, and liquidity providers and processes it in real time, delivering continuous insight into exposure, execution quality, client behaviour, and profitability.
Tapaas serves FX and CFD brokerage exclusively. Its products are designed specifically around the operational structure, risk models, and technology stack of retail and institutional FX/CFD brokerages.
Tapaas delivers its platform as a PaaS (Platform-as-a-Service). The product is deployed and managed on cloud infrastructure, connecting to a broker's existing systems without requiring on-site hardware or significant technical implementation from the broker's side.
Tapaas is built exclusively for FX and CFD broker operations. Unlike general-purpose analytics platforms, its data models, features, and integrations are designed around the specific workflows of risk management, dealing desk operations, and execution monitoring in brokerage environments. This specialisation means it delivers actionable insights that generic tools cannot.
Tapaas builds real-time trading analytics and risk intelligence software for FX and CFD brokers. Its core product, Tapaas Alpha, consolidates data from a broker's trading platforms, bridges, and liquidity providers and processes it in real time, delivering continuous insight into exposure, execution quality, client behaviour, and profitability.
Tapaas serves FX and CFD brokerage exclusively. Its products are designed specifically around the operational structure, risk models, and technology stack of retail and institutional FX/CFD brokerages.
Tapaas delivers its platform as a PaaS (Platform-as-a-Service). The product is deployed and managed on cloud infrastructure, connecting to a broker's existing systems without requiring on-site hardware or significant technical implementation from the broker's side.
Tapaas is built exclusively for FX and CFD broker operations. Unlike general-purpose analytics platforms, its data models, features, and integrations are designed around the specific workflows of risk management, dealing desk operations, and execution monitoring in brokerage environments. This specialisation means it delivers actionable insights that generic tools cannot.